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October 31, 2025 - 7:07 PM

Fouani Managing Director and Four Others Abducted In Lagos Regain Freedom

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The Managing Director of Fouani Company, Mohammed Fouani who was abducted alongside with two other Lebanese nationals and two Nigerians have regained their freedom.

The abductees were dropped off last night June 17 at about 11pm by their abductors in a riverine area area in Epe.

It was gathered that the police marine personnel picked them up and ferried them to a safe area where they were then taken to their home in Banana Island.

The business Mogul, his two Lebanese associates as well as the boat driver and his assistant, both Nigerian nationals, were abducted on Friday, June 14 while travelling by boat in Lagos state.

They were whisked away around Falomo Bridge while commuting from Apapa to Victoria Island. The kidnappers contacted their families and demanded for $1.5m ransom.

Confirming the incident, the spokesperson of the Lagos State Police Command, SP Benjamin Hundeyin, said the men have been rescued.

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